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Search Results 0 to 5 of about 6 (some duplicates have been removed)
Feb 26, 2013 5:00pm PST
the unemployment rate is too high at the moment. so the head of the u.s. federal reserve has defended the central bank's monetary stimulus package. this has eased concerns fed officials would cut short their asset-buying program. chairman ben bernanke on tuesday presented his semi-annual report to the senate. he acknowledged bold monetary easing could cause inflationut stressedhe mit of the licy. >> we do not see potential cost to the increased risk taking in some financial markets as outweighing the benefits of promoting a strong economic recovery and more rapid job creation. >> bernanke also warned imminent spending cuts could put the brakes on recovery if they take effect on march 1st. he urged republicans and democrats to set aside their differences to find a solution. now, bernanke also said he understood japanese prime minister shinzo abe's push for heaid abe i trying to boost the economy and is not manipulating exchange rates to devalue the yen. >>> u.s. president barack obama wants republicans to compromise before budget cuts take effect on friday. >> there are too many republicans in con
Feb 22, 2013 5:30pm PST
concerns at the u.s.-japan summit; a public health crisis linked to gun violence; shields and brooks and violence against women in south africa. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: a winter storm headed east today, after socking the plains with snow, sleet and freezing rain. it was already blamed for four deaths, flight disruptions and hundreds of road accidents. the huge system was moving north and east, and losing some of its punch. but it was still expected to make trouble in the northeast and new england this weekend. the sounds of snowblowers roaring to life and shovels scraping the driveway could be heard in state after state today. much of the nation's mid-section spent the day digging out from more than a foot of snow and for drivers, it quickly turned into an icy nightmare. the highly unsettled storm also brought lightning and thunder, but it was the snow falling at two inches an hour in places that caused the worst problems. kansas city mayor sly james said it was the pace that was hard to deal with. >> it fell fast, it fell heavy
Feb 20, 2013 5:30pm PST
it means for the u.s. military. i'm joined by deputy secretary of defense ashton carter. welcome, mr. secretary s let justick up wth tat coent from some republicans that this is exaggerated. >> well, for us in the defense department, unfortunately, it's not exaggerated. in fact, we don't want to take any of these steps. we certainly are trying to do it in the way that does the minimum damage to national security. we don't have a lot of flexibility, and we don't have a lot of time in that regard. sequester requires us to find $46 billion in the last half of the year, and then we have an additional problem with the lack of an appropriations bill, which is a particular problem for us. you put those two things togher, and in some of accounts that fund training, for example, for army units, those accounts are 30% short over the year, and now we only have half the year in which to make up those savings. what that means is we're ging to protect the wars in afghanistan-- we've got to nund them. we have to fund-- need to fund military personnel. the president exempted military personnel from
Feb 20, 2013 10:00pm PST
these circumstances. aise said, in some cases, that's notoingo be possible. >> woodruff: i is u.s. national security at stake because of what might happen? >> it is, in the following sense-- by the end of the year, as i said, two-third of our army units, active-duty army units and all of our reserve units will not be ready to fight other wars. many of our air force air units will not be ready to fight other wars. a third of our ships in the pacific will not be at sea. it's not becau they-- they're not there. the ips aren't there. it's because we can't afford to operate them because we don't have any money left in the accounts that fund them. and we have to cut account by account by account. that's what sequestration forces us to do. >> woodruff: if this gets resolved secretary carter between now and march 1, or soon thereafter, are will all these cuts go away. >> oh, yes, we would never do any of these things. it's everyone's hope that deals that cover revenues and expenditures which everybody knows is necessary that that deal can be made, if congress can come around with a deal like that that the p
Feb 14, 2013 9:00pm PST
of skilled policy advocates driving a remarkable turnaround that has already changed the u.s. political landscape. >> warming isn't, in fact, accelerating. in fact, there's been none for 15 years. >> hockenberry: there's christopher monckton, a big draw at these meetings, who brings the skeptics to their feet every time. >> god bless america. >> hockenberry: republican congressman james sensenbrenner of wisconsin, vice chairman of the use science committee. >> paul krugman accused my colleagues and me of treason against the planet. (laughter) >> hockenberry: there's chris horner from the competitive enterprise institute... >> ...economic salvation. this is our way out. >> hockenberry: and james taylor, senior flow at the heartland institute, organizer of this gathering. >> the debate indeed is over. in the years prior to 2007, the 2008 elections, we actually heard from many folks that we should tone it down on global warming, we should not talk about the issue, because the court of public opinion had already decided and we were on the losing end. but we believe that if we present the ca
Search Results 0 to 5 of about 6 (some duplicates have been removed)